Balance Transfer 0% for 29 months with a 3% fee

Virgin Money Balance Transfer Credit Card (29 Months) (21.9%)

A lot of people make the mistake of assuming credit cards for bad credit are ideal for everyone, but this isn’t always the case. If you have good credit, a credit card such as the Virgin Money Balance Transfer Credit Card is often better. The Virgin Money Balance Transfer Credit Card offers a range of benefits to card holders, an average APR and introductory rates for purchases. Of course, there are restrictions as to who will be approved for a Virgin Money Balance Transfer Credit Card but if you meet the requirements then applying is relatively straightforward.

Who Can Apply For A Virgin Money Credit Card?

As is the case with all credit cards, you need to meet certain requirements to be approved for a Virgin Money Balance Transfer Credit Card. You must be over the age of 18 and a UK resident, as well as having a minimum income of £7,000. The Virgin Money Balance Transfer Credit Card isn’t one of the credit cards for bad credit, which means good credit is also required. Income, credit rating and financial history will all be taken into consideration before approval is given. If you have a poor credit rating or bad credit score, you will not be approved for a Virgin Money Balance Transfer Credit Card. Instead, focus your attention on credit cards for bad credit.

What Does The Virgin Money Credit Card Offer?

• With the Virgin Money Balance Transfer Credit Card, you will receive 20% off Virgin Experience Days, plus many more Virgin Group discounts. Terms and conditions apply.

• Anyone with a Virgin Money Balance Transfer Credit Card gets exclusive access to Virgin Money’s high street customer lounges in Cardiff, Edinburgh, Glasgow, London Haymarket, Manchester, Norwich and Sheffield.

• As a balance transfer credit card, the Virgin Money Balance Transfer Credit Card offers a rate of 0% for 29 months with a 3% fee on balance transfers. In order to get the deal you need to transfer a balance within 60 days of opening an account. Otherwise, the rate is higher at 21.9% P.A. variable with a 5% fee.

• The Virgin Money Balance Transfer Credit Card offers a low rate of 0% for the first three months on all purchases. This three month period starts from the date the account is opened, not from the date the first purchase is made. Afterwards, this rate increases.

• The Virgin Money Balance Transfer Credit Card has an APR of 21.9%. This is not the lowest APR available, but it’s also not the highest. It’s in line with many other major credit cards from well known providers.

Before choosing a credit card, it’s important to compare the range of options. If you specifically need a balance transfer credit card, the Virgin Money Balance Transfer Credit Card is worth considering. It has an average APR, a number of member benefits and low rate introductory offers for purchases.